Ítem
Acceso Abierto

Commodity taxation under habit formation and myopia

Mostrar el registro sencillo de la publicación
dc.creatorCremer, Helmuthspa
dc.creatorDe Donder, Philippespa
dc.creatorMaldonado, Dariospa
dc.creatorPestieau, Pierrespa
dc.date.accessioned2020-05-26T00:01:59Z
dc.date.available2020-05-26T00:01:59Z
dc.date.created2010spa
dc.description.abstractThis paper analyzes the pattern of consumption taxes in a two period model with habit formation and myopia. An individual's second-period needs increase with first period consumption. However, myopic individuals do not see this habit formation relation when they take their saving decision. The first-best solution is decentralized by a simple 'Pigouvian' (paternalistic) consumption tax (along with suitable lump-sum taxes). In a second-best setting, when personalized lump-sum transfers are not available, consumption taxes may have conflicting paternalistic and redistributive effects. Taxes should discourage consumption of goods that entail negative externalities (unforeseen habits), but instead they discourage less the consumption of goods that are proportionately consumed by individuals with high net social marginal utility of income. Both myopic and farsighted individuals may benefit more from the second-best policy as the proportion of myopic agents in society increases. Copyright © 2010 The Berkeley Electronic Press. All rights reserved.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.2202/1935-1682.2453
dc.identifier.issn19351682
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/23433
dc.language.isoengspa
dc.publisherBerkeley Electronic Pressspa
dc.relation.citationIssueNo. 1
dc.relation.citationTitleB.E. Journal of Economic Analysis and Policy
dc.relation.citationVolumeVol. 10
dc.relation.ispartofB.E. Journal of Economic Analysis and Policy, ISSN:19351682, Vol.10, No.1 (2010)spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-77957746868&doi=10.2202%2f1935-1682.2453&partnerID=40&md5=cd33b8c157a93473a97cc379dc1232a2spa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordHabit formationspa
dc.subject.keywordMyopiaspa
dc.subject.keywordRetirementspa
dc.titleCommodity taxation under habit formation and myopiaspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
Archivos
Bloque original
Mostrando1 - 1 de 1
Miniatura
Nombre:
medias_doc_by_de_donder_habit.pdf
Tamaño:
216.25 KB
Formato:
Adobe Portable Document Format
Descripción:
Descargar
Colecciones
Artículos